Industry News
May 22, 2012
April existing home sales were up 10 percent from a year ago and prices saw their biggest increase in 6 years.
May 16, 2012
A 0.7 percent increase in median home prices in 146 metropolitan areas in April brought them to their highest point in almost a year, according to a report from the National Association of Realtors.
May 16, 2012
Housing starts in April were nearly 30 percent higher than the year before, with 717,000 new homes beginning construction (seasonally adjusted annual rate), according to data released today by the Census Bureau and the Department of Housing and...
May 15, 2012
Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the NAHB/Wells Fargo Housing Market Index (HMI), released today.
May 15, 2012
BuildFax Remodeling Index shows double-digit gains from 2011
May 14, 2012
Detroit saw the lowest levels of new home construction activity in 2011, according to a recent analysis by Trulia.
May 14, 2012
While raw new home construction data shows that Houston issued the most construction permits in 2011, a recent analysis by Trulia looked at the number of permits issued per 1,000 existing housing units in 100 metropolitan areas.
May 11, 2012
Seventy-four housing markets across the nation saw median home prices increase in the first quarter of 2012, the National Association of Realtors said in a report released Wednesday, which is slightly more than half of all the markets it surveys.
May 10, 2012
Sitting at the head of Realtor.com’s Top Turnaround Towns for the first quarter of 2012, the Phoenix-Mesa market is one of many areas hit hardest by foreclosures that are now showing signs of recovery.
May 10, 2012
Fannie Mae reported a first quarter profit of $2.7 billion Wednesday, and will not require Treasury Department funds to balance its books for the first time since 2008, according to Business Week.
May 9, 2012
Medford, Ore., and Madera-Chowchilla, Calif., top the list of housing markets expected to see the most growth over the next five years.
May 8, 2012
The long-awaited turnaround in the housing market may finally be underway, at least in the active adult segment, if data provided by Epcon Communities are any indication.
May 8, 2012
Using data released last week by Trulia on rentals in the 100 largest housing markets nationwide, 24/7 Wall Street determined the six U.S. metropolitan areas where rental costs have increased the sharpest in the last year (by 10 percent or more).
May 8, 2012
A new survey released by NAHB shows common remodeling projects have increased, compared to a similar survey from 2010.
May 8, 2012
Bank of America announced it will be offering mortgage principal reduction to 200,000 underwater homeowners with loans owned or serviced by B of A this summer, according to CNBC.
May 7, 2012
NAHB’s monthly Improving Markets Index for May featured 17 new metropolitan areas across the nation making their first appearance.
May 4, 2012
Realty Times reports that fixed mortgage rates hit all-time lows across the board this week, as indicated by Freddie Mac’s Primary Mortgage Market Survey.
May 4, 2012
Former HUD secretary Henry Cisneros takes on the growing issue of aging in place in Independent for Life: Homes and Neighborhoods for an Aging America (University of Texas Press), which he co-authored and edited. The book was officially released on...
May 3, 2012
Data for April from the Trulia Price Monitor reveals that of the top 100 metro areas nationwide, Miami saw the greatest year-over-year jump in home prices at 16.1 percent.
May 3, 2012
Texas is still the best state to do business in, according to the 650 CEOs from across the country who took part in Chief Executive magazine’s eighth annual Best & Worst States Survey.
